Droms Strauss Advisors Inc. MO ADV Has $650,000 Stake in iShares MBS ETF $MBB

Droms Strauss Advisors Inc. MO ADV raised its position in shares of iShares MBS ETF (NASDAQ:MBBFree Report) by 18.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 6,918 shares of the company’s stock after acquiring an additional 1,079 shares during the period. Droms Strauss Advisors Inc. MO ADV’s holdings in iShares MBS ETF were worth $650,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of MBB. Tompkins Financial Corp raised its position in iShares MBS ETF by 51.7% during the first quarter. Tompkins Financial Corp now owns 320 shares of the company’s stock valued at $30,000 after buying an additional 109 shares during the period. Curat Global LLC purchased a new position in iShares MBS ETF during the 1st quarter valued at about $30,000. IMG Wealth Management Inc. acquired a new position in shares of iShares MBS ETF in the 1st quarter valued at about $30,000. Headlands Technologies LLC purchased a new stake in shares of iShares MBS ETF in the first quarter worth approximately $31,000. Finally, Flaharty Asset Management LLC purchased a new stake in shares of iShares MBS ETF in the first quarter worth approximately $34,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.3%

Shares of MBB opened at $95.31 on Wednesday. The company’s 50 day moving average price is $94.02 and its 200 day moving average price is $93.23. iShares MBS ETF has a 52 week low of $90.28 and a 52 week high of $96.27.

iShares MBS ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.3383 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Tuesday, September 2nd.

iShares MBS ETF Company Profile

(Free Report)

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).

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Institutional Ownership by Quarter for iShares MBS ETF (NASDAQ:MBB)

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